Tag default

Time for Republicans to End Stalemate, Embrace Senate Plan Washington, D.C. – Nevada Senator Harry Reid made the following remarks today on the Senate floor regarding a default crisis. Below are his remarks as prepared for delivery: Five days remain until a few extremist Republicans drive our economy off a cliff because they are too…

In Letter, 51 Senate Democrats and Two Independents Pledge To Oppose House Speaker’s Plan Should It Advance To Senate In Closed-Door Meeting Earlier Today, Boehner Told House GOP Caucus Senate Would “Fold” And Accede To His Debt Plan Boehner Plan Not Only Puts America’s Credit Rating at Risk, But Would Empower House GOP To Hold…

Politico: ‘In Battle of Budget Scores, Senate Plan Is Clear Winner Over Boehner Plan’ The Senate plan received a major boost this morning when Congress’ official scorekeeper confirmed that the plan’s first draft cuts budget deficits more than the Boehner plan. According to the Congressional Budget Office, the Senate draft bill achieves $1.3 trillion more…

Washington, D.C. – Nevada Senator Harry Reid made the following remarks today on the Senate floor regarding the default crisis. Below are his remarks as prepared for delivery: Today our Republican colleagues in the House planned to vote on a bill to lift the debt ceiling for a few months before plunging this nation and…

Washington, D.C. – Nevada Senator Harry Reid made the following remarks today on the Senate floor regarding the default crisis. Below are his remarks as prepared for delivery: There has been a lot of talk in the last 24 hours about so-called dueling plans to raise the debt limit and avert a dangerous default on…

Washington, D.C. – Nevada Senator Harry Reid released the following statement on the status of debt-ceiling negotiations. “Tonight, talks broke down over Republicans’ continued insistence on a short-term raise of the debt ceiling, which is something that President Obama, Leader Pelosi and I have been clear we would not support. A short-term extension would not…

Washington, D.C. – Nevada Senator Harry Reid released the following statement on the status of debt-ceiling negotiations: “I am deeply disappointed in the status of negotiations with my Republican colleagues. I have said repeatedly, including last night and again today, that I will not support any agreement that fails to raise the debt ceiling though…

Washington, D.C. – Nevada Senator Harry Reid released the following statement reaffirming his opposition to a short-term debt ceiling increase: “I want to reaffirm my statement from last night. I will not support any short-term agreement, and neither will President Obama nor Leader Pelosi. We seek an extension of the debt ceiling through at least…